Detroit, MI Rental Market Trends

Highlights

The average rent for an apartment in Detroit is $1,028, a 5% increase compared to the previous year, when the average rent was $979.

Average Rent in Detroit, MI

Last updated Feb 2019

Average Rent	Y-o-Y Change	Average Apartment Size
$1,028	5%	776 sq. ft.

The average size for a Detroit, MI apartment is 776 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Detroit, MI Apartment Rent Ranges

< $5002%
$501-$70031%
$701-$1,00029%
$1,001-$1,50023%
$1,501-$2,00010%
> $2,0005%

Detroit, MI Rent Trends

Average Rent	Jan / 2016	May / 2016	Sept / 2016	Jan / 2017	May / 2017	Sept / 2017	Jan / 2018	May / 2018	Feb / 2019
Detroit, MI	$883	$905	$930	$940	$961	$979	$989	$987	$1,028
National	$1,290	$1,319	$1,334	$1,329	$1,354	$1,366	$1,366	$1,381	$1,396

Average Rent in Detroit, MI By Neighborhood

Average Rent
Neighborhood	Average Rent
Condon	$459
Chadsey	$459
Vernor - Junction	$524
Tireman	$529
Pershing	$571
Mt. Olivet	$571
Grant	$571
Winterhalter	$604
West Riverfront	$604
Springwells	$604
Durfee	$612
Mackenzie	$621
Brooks	$623
Rouge	$624
Cody	$624
Airport	$645
Redford	$648
Evergreen	$650
Rosedale	$653
State Fair - Nolan	$655
Brightmoor	$659
Cerveny - Grandmont	$667
Harmony Village	$679
Greenfield	$686
Pembroke	$703
Bagley	$703
McNichols	$713
Palmer Park	$746
Highland Park	$746
Harper Woods	$874
Rosa Parks	$880
Middle Woodward	$946
Upper East Central	$1,011
Hamtramck	$1,011
Jefferson - Mack	$1,024
Chandler Park	$1,024
Foch	$1,074
East Riverside	$1,074
St. Jean	$1,084
Kettering	$1,145
Butzel - Indian Village	$1,148
Belle Isle	$1,148
Lower Woodward	$1,160
Middle East Central	$1,164
Lower East Central	$1,169
Jeffries	$1,287
Downtown Detroit	$1,538

The most affordable neighborhoods in Detroit are Chadsey, where the average rent goes for $459/month, Condon, where renters pay $459/mo on average, and Vernor - Junction, where the average rent goes for $524/mo. If you’re looking for other great deals, check out the listings from Tireman ($529), Grant ($571), and Mt. Olivet ($571), where the asking prices are below the average Detroit rent of $1,028/mo.

The most expensive neighborhoods in Detroit are Lower East Central ($1,169), Jeffries ($1,287) and Downtown Detroit ($1,538).

Detroit | Rent Comparison by Neighborhood

Rent in Airport is 8% lower than in Bagley

$645

Airport rent is 37% lower than Detroit average

Average Rent	$645

$703

Bagley rent is 32% lower than Detroit average

Average Rent	$703

How Does Detroit Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Livonia	$1,029	5%
Dearborn	$1,388	4%
Detroit	$1,028	5%
Westland	$831	4%
Plymouth	$910	-2%
Wayne	$747	3%
Dearborn Heights	$880	7%
Riverview	$804	9%
Southgate	$837	5%
Taylor	$781	4%
Romulus	$862	4%

For more information about the Detroit rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Detroit apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.